Indonesia's Go-Jek acquires 3 companies to boost payment services

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JAKARTA, Dec 15 (Reuters) - Indonesia’s Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

Go-Jek has bought offline payments processing company Kartuku, online payment gateway Midtrans, and saving and lending network Mapan, the company said in a statement on Friday. The acquisitions will take its combined debit card, credit card and digital wallet transactions to close to $5 billion, it said.

According to the statement, Go-Jek currently has 15 million weekly active users and processes 100 million transactions per month. (Reporting by Ed Davies; Writing by Fergus Jensen; Editing by Stephen Coates)